In recent days, the U.S. Securities and Exchange Commission (SEC) has reviewed applications for Bitcoin spot ETFs from multiple institutions. This is bound to drive more institutional and individual investors to join this great cryptocurrency journey. However, it is not easy for investors to choose a Bitcoin spot ETF that suits them. Because each institution applying for a Bitcoin spot ETF holds different strategies and calculations for buying and selling Bitcoin, everyone must make careful decisions and act with caution!
BlackRock, the world's largest management company, has already submitted a revised application to the SEC. Each share is equivalent to 0.001 Bitcoin. It also hopes to be listed on the New York Stock Exchange (NYSE), and its name is expected to be BTCU. In addition, big-name companies such as Ark Invest, Valkyrie, and Fidelity have also made efforts.
Generally speaking, although the current Bitcoin spot ETF market is still being explored, this market has endless potential and provides many exciting investment opportunities. Moreover, there are countless opportunities behind this prosperity that need to be developed and explored. . Institutions such as BlackRock, Valkyrie, Ark Invest, Fidelity, Bitwise and Grayscale are all eager to try, and the future Bitcoin investment storm is brewing.
It is estimated that the probability of ETF passing this time is very high. Will there be any changes?
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